Posts Tagged ‘clean energy’

20 January 2009

Centrica gets the go-ahead to purchase 25.5 per cent stake in SPE

Centrica, a UK gas and electricity company, has received full approval from the European Commission for its desired purchase of GDF-Suez's 25.5 per cent stake in Belgian green energy generation and supply company SPE.

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14 January 2009

Five clean energy programmes win CESA award

Clean Energy States Alliance (CESA) has awarded five state clean energy programmes with the State Leadership in Clean Energy Awards.

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14 January 2009

NewNet Investor Profile, Susan Preston, CalCEF Clean Energy Angel Fundp

Susan Preston discusses the prospects for a green economy and why a cultural transformation is needed for the acceptance of renewable energy. 'We need to embrace all the different solutions to climate change. We cannot afford to be one-dimensional; the entire renewable energy industry must be explored. It really is a multi-headed problem with a multi-headed solution. I believe the solution is out there; it is simply a matter of time.'

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12 January 2009

Maryland launches first clean energy centre

The US state of Maryland is to launch the region's first clean energy centre in a bid to nurture clean technology ideas and create new jobs.

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19 December 2008

Aluminum producer Alcoa signs new clean energy agreements

Aluminum producer Alcoa has finalised new power agreements in Quebec, Canada, through 2040 to supply renewable energy to three of the company's aluminum smelters and enable Alcoa to upgrade and increase its Baie Comeau production.

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12 December 2008

CrystaTech signs deal with Gas Technology Institute to develop clean technologies

Eco-friendly energy company CrystaTech has struck a five-year deal with the Gas Technology Institute for the development of several new clean energy technologies at GTI's R&d facility in the US.

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5 December 2008

Asian Development Bank approves $500m loan to improve world’s dirtiest river

Indonesia's efforts to clean up the Citarum River, often called the world's most polluted river, received a major boost following the Asian Development Bank's (ADB) approval of a $500m multi-tranche loan package. The first loan tranche is for $50m.

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27 November 2008

BP, CAS team up to establish Chinese clean energy centre

Global energy company, BP and the Chinese Academy of Sciences (CAS) have established the Clean Energy Commericialisation Centre (CECC) in Shanghai, jointly investing approximately $73m in an effort to commercialise Chinese clean energy technologies.

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21 November 2008

Environmental investment company Impax Group expands team

Clean energy-focused finance house Impax Group has hired Victor Juttmann and Caroline Barraclough as investment manager and marketing manager, respectively.

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14 November 2008

ElectraTherm raises $2.6m in Series A funding

Energy generator business ElectraTherm has completed its Series A financing round, raising $2.6m.

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10 November 2008

Energy efficiency company Comverge secures $25m credit facility

Energy efficiency company Comverge has entered into a new $25m senior credit facility with Silicon Valley Bank.

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10 November 2008

Denham Capital invests $150m in Biotherm Energy to boost South African power shortage

UK private equity firm Denham Capital is to invest up to ZAR1.5m ($150m) in Biotherm Energy, a South African developer of renewable and clean energy generation projects. The financing will go towards developing, investing or acquiring projects totalling approximately 300 MW of power. Scott Mackin, partner, Denham Capital, ‘Our investment in BioTherm reflects our strong[...]

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6 November 2008

Spain pledges $10m to water and clean energy funds

The Government of Spain has pledged $10m to multi-donor trust funds Water Financing Partnership Facility and Clean Energy Financing Partnership Facility, managed by Philippines-based Asian Development Bank.

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31 October 2008

NewNet Investor Profile, Peter Linthwaite, CT Investment Partnersp

Peter Linthwaite on energy efficiency, on incubating new technology start-ups, on the accelerated growth of the industry, on the importance of a favourable regulatory environment and on the death of AIM for new fundraising. CT Investment Partners finances emerging clean energy businesses. It specialises in identifying and investing in earlier stage technologies and management teams with the ability to create and deliver clean energy businesses.

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28 October 2008

Clean energy in Italyp

European venture investors are clearly enthusiastic about the future for cleantech, according to SJ Berwin. Investments are reported to have increased by 34 per cent to 808m Euro last year, and there is a continuing appetite from LPs in 2008. One of the key characteristics of this re-emergence of venture - perhaps the key difference to the technology boom - is the role of national government and European Union policy in creating opportunities.

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